Viridian: Positive Chronic TED Data Likely To Lead To BLA Filing In Second Half Of 2025 (Rating Upgrade)
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Viridian Therapeutics reported positive phase 3 results for its drug veligrotug in treating chronic thyroid eye disease, aiming for a BLA filing in the second half of 2025. The company is also developing VRDN-003, with phase 3 data expected in early 2026, and has promising pipeline candidates VRDN-006 and VRDN-008.
December 19, 2024 | 3:45 pm
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Viridian Therapeutics' positive phase 3 results for veligrotug in treating thyroid eye disease could lead to a BLA filing in 2025, potentially boosting the stock. The development of VRDN-003 and promising pipeline candidates VRDN-006 and VRDN-008 further strengthen its position.
The positive phase 3 results for veligrotug are a significant milestone for Viridian, likely leading to a BLA filing in 2025. This development, along with the promising pipeline candidates, suggests a positive outlook for the company's stock in the short term.
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